budget and planning

[Former Member]

hi sap gurus,

what is the difference between budget and planning in interanal order, in availability concept./

with regards

raja sekhar.a

[Former Member]

Sorry, wrong URL, try

http://help.sap.com/erp2005_ehp_02/helpdata/en/d5/74a9371c726343e10000009b38f842/content.htm

[Former Member]

Hi Raja

Planning can be performed in Cost Element level, for example:

Order: O123

Period: 01.2008

Cost Element_________Amount

471001______________100.00

Budgeting is done on Order Level for a period/year, for example:

Order: O123

Period: 01.2008

Budget : 100.00

You can subject an order's budget to availability management, meaning that incoming Purchase Orders or Requisitions may create a Warning or error if the budget value is exceeded. It is used to recognize possible budget overruns in time and can automatically trigger different actions.

Look at the following documentation:

http://help.sap.com/erp2005_ehp_02/helpdata/en/a9/ab7f68414111d182b10000e829fbfe/frameset.htm

L.

[Former Member]

is it meaning planning is planning for period wise only not year wise.

thanqu

raja sekhar.a

[Former Member]

Planning is also possible over years.

Regards

Sreenivas

[Former Member]

so what is difference between budget and planning

raja sekhar.a

[Former Member]

1. You can not have budget distribution based on Cost Elements.

2. Availability Control is only possible if you have done budgeting but not planning.

3. Budget is approved cost and its binding.

Regards

Sreenivas

[Former Member]

thanqu

points assaigned

raja sekhar.a